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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›SOAR›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

Volato Group, Inc. (SOAR) financials

Income statement

Volato Group, Inc. (SOAR) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue—$96.7M$35.6M$39.1M$78.6M
Revenue growth——-63.2%9.8%101.1%
Operating income—-$9.19M-$4.44M-$8.62M$3.96M
Operating margin—-9.5%-12.5%-22.1%5.0%
Net income—-$9.37M-$52.8M-$40.6M$5.17M
Net margin—-9.7%-148.5%-104.0%6.6%
EPS (diluted)—-$0.83-$86.62-$24.42$1.18

Cash flow

Volato Group, Inc. (SOAR) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow—-$21.4M-$30.4M-$16.9M$3.49M
Capital expenditures—$259K$637K$145K$211K
Free cash flow—-$21.7M-$31.0M-$17.1M$3.28M

Balance sheet

Volato Group, Inc. (SOAR) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.61M$7.88M$16.7M$4.00M$4.70M
Total assets$285M$30.3M$71.7M$46.3M$12.0M
Total liabilities$9.82M$35.9M$57.0M$62.6M$13.8M
Shareholders' equity$0.00-$5.67M$14.8M-$16.3M-$1.85M
Retained earnings-$6.25M-$10.8M-$63.7M-$104M-$101M
Shares (wtd avg diluted)—11.3M610K1.66M4.39M

Every figure is extracted from Volato Group, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Volato Group, Inc.'s annual revenue?
Volato Group, Inc. (SOAR) reported $78.6M of revenue for fiscal year 2025 — up 101.1% from $39.1M in FY2024, per its annual report filed with the SEC.
Is Volato Group, Inc. profitable?
Yes — SOAR earned $5.17M of net income in FY2025, a 6.6% net margin, per SEC filings.
What is Volato Group, Inc.'s free cash flow?
$3.28M in FY2025 (operating cash flow $3.49M minus $211K of capital expenditures), from the SEC cash-flow statement.
Does SOAR pay a dividend?
Volato Group, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full SOAR analysis — verdict, score & filings →Is SOAR a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.